»Ê¹ÚÌåÓýapp

Since 31 December 2012 CTA09/PART8 has applied to credits and debits on intangible fixed assets arising to life insurance companies. »Ê¹ÚÌåÓýappse rules are modified, by CTA09/S806, to specifically exclude assets derived from or referable to insurance or capital redemption policies.

Assets in respect of the value of in force business are also excluded from Part 8. »Ê¹ÚÌåÓýapp amortisation of assets representing the value of future profits arising from business acquired from a third party after 1 January 2013 is separately deductible under FA12/S130 whereas amortisation relating to such assets acquired before that date is not. »Ê¹ÚÌåÓýappre are rules in FA12/SCH17/PARA24 governing pre-2013 expenditure.